The ups and downs of business in 2016
Friday, December 23, 2016
Mohohlo
January
The year began with reports of a tax dispute that stalled Choppies’ plans to enter the Kenyan market as the retail giant had intended to acquire Ukwala Supermarket outlets. This was halted until the P104 million-tax dispute between the retailer and Kenya Revenue Authority (KRA) was settled. Choppies chief executive officer, Ramachandran Ottapathu confirmed the dispute but said he was hopeful the issue would soon be settled amicably.
Whilst the project received mixed reactions from members of the public, the project is indeed a welcome development, which needs to be implemented as soon as possible. Many shared their opinion, with those against the project decrying that if implemented, it will kill the already struggling public transport industry.Many countries around the world have state-run public transport, and those who have travelled to such countries will give testimony...